NASDAQ$LYEL

Lyell Immunopharma Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Lyell Immunopharma reported financial results for the second quarter of 2021 and provided business highlights.

Lyell Immunopharma reported a net loss of $62.6 million for the second quarter of 2021. The company's cash, cash equivalents, and marketable securities totaled $974.8 million as of June 30, 2021, including $391.8 million in net proceeds from its initial public offering.

  • Achieved operational readiness of state-of-the-art LyFE manufacturing facility to support multiple clinical trials
  • Expanded Board of Directors with industry and medical leaders Otis Brawley, M.D., Elizabeth Nabel, M.D. and Lynn Seely, M.D.
  • Strengthened balance sheet with net proceeds of $391.8 million from the sale of 25 million shares of common stock in the Company's initial public offering
  • Cash, cash equivalents and marketable securities were $974.8 million as of June 30, 2021

Headline financials

Total Revenue

$2.63M

Previous: $3.12M-15.7%
EPS (adj)

-$0.89

Previous: -$0.48-87.2%
R&D Expenses

$46.4M

No prior period
Non-GAAP R&D Expenses

$32.1M

No prior period
G&A Expenses

$19.1M

No prior period
Non-GAAP G&A Expenses

$8.95M

No prior period
Non-GAAP Net Loss

-$38.1M

No prior period
Capital Expenditures

-$43.6M

No prior period
Free Cash Flow

-$106M

No prior period
Net Income

-$62.6M

Previous: -$101M+37.8%
Operating Income

-$62.7M

Previous: -$103M+38.9%
Gross Profit

$2.63M

Previous: $3.12M-15.7%
Cash & Equivalents

$975M

No prior period
Total Assets

$1.23B

No prior period
Stock-Based Comp

$15.2M

No prior period

Revenue & EPS history

Lyell Immunopharma · Revenue · Quarterly

$2.63M

Q2 2021-15.7%vs Q2 2020
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+1.5%

Avg return

Earnings day

-4.0%

Avg return

5 days after

+1.1%

Avg return

30 days after

73%

16 / 22 earnings

Positive

+20.3%

Q4 2024

Best reaction

-18.3%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.1%-7.0%-42.1%
Q4 2025+2.5%-19.0%-9.6%
Q3 2025-1.3%+1.7%+95.5%
Q1 2025+4.6%+2.0%+21.1%
Q4 2024+20.3%+15.5%-10.3%
Q3 2024-17.6%-21.3%-38.9%
Q2 2024+1.4%-8.1%-20.9%
Q1 2024+7.6%+4.2%+13.6%
Q4 2023+2.5%-8.6%-21.8%
Q3 2023+6.8%-24.8%-11.8%
Q2 2023+1.5%-1.9%-16.8%
Q1 2023+6.9%+6.5%+50.9%
Q4 2022+9.6%+1.4%-1.8%
Q3 2022-18.3%-17.0%-28.8%
Q2 2022+16.3%+20.2%+10.1%
Q1 2021-12.4%-22.8%+1.5%
Q1 2022-12.4%-22.8%+1.5%
Q4 2019+6.1%+6.1%+1.6%
Q4 2021+6.1%+6.1%+1.6%
Q3 2021-4.1%-3.6%-18.8%
Q4 2020+2.8%+2.2%+24.6%
Q2 2021+2.8%+2.2%+24.6%
Q3 2020
Q2 2020
Q1 2020

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